Analysts sceptical about Infy meeting targets

While the vision laid out by CEO Vishal Sikka for Infosys has been applauded, analysts are not convinced whether the company can achieve the set targets as it’s still in a transition phase given the changing dynamics in outsourcing. Some…

With $120 Mn Kallidus Inc Buy, Infosys Invokes The ‘Cloud Messenger’

Infosys on Friday announced the acquisition of Kallidus Inc, a US-based e-commerce tech solutions firm, in an all-cash, $120-million deal. The IT major also announced a minority stake buy in another US startup, Airviz, for $2 million. This is the second…

With $120 Mn Kallidus Inc Buy, Infosys Invokes The ‘Cloud Messenger’

Infosys on Friday announced the acquisition of Kallidus Inc, a US-based e-commerce tech solutions firm, in an all-cash, $120-million deal. The IT major also announced a minority stake buy in another US startup, Airviz, for $2 million. This is the second…

Infosys: Analysts Bullish On The Path CEO Vishal Sikka Is Taking

The disappointing results Infosys has posted raise concerns in the near term, but industry watchers are bullish about the path laid out by Chief Executive Vishal Sikka. During the results, Infosys announced two developments — an acquisition and an investment in…